Lease Analyst

Realty Income, The Monthly Dividend Company®, one of four San Diego based S&P 500 companies dedicated to providing shareholders with dependable monthly income. Our company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 10,000 real estate properties owned under long-term lease agreements with regional and national commercial tenants. To date, our company has declared over 600 consecutive common stock monthly dividends throughout its 52-year operating history and has continually increased the dividend since Realty Income's public listing in 1994 (NYSE: O). Our company attracts individuals who value integrity, perseverance, and teamwork. If you appreciate working in a professional environment that rewards employees based on merit and values a work-life balance, make sure to apply today!

Reporting to the Manager, Lease Analysis, the Lease Analyst will be responsible for abstracting, interpreting, and communicating complex commercial lease language from both standard and non-standard lease agreements for properties under acquisition consideration.  The Lease Analyst will be responsible for entering the abstracted lease data into a template for import into Yardi. 

What you’ll be working on day to day:   

Lease Abstraction

• Abstract accurate information from complex leases and related legal documents.  Data will include:
  • Critical dates (rent commencement, expiration, option periods, notice dates, etc.);
  • Revenue information (rental, taxes, insurance, common area maintenance, management, administrative fees, etc.);
  • Lease parties (landlord, tenant, guarantor, ground lessor, pilot lessor, etc.);
  • Landlord obligations (maintenance, capital expenditures, tenant improvements, etc.); and
  • Risk related non-financial clauses (assignment/sublease, ROFO, environmental, etc.).
• Accurately input determinations into template for import into Yardi for audit approval and ultimate consumption by other departments.
• Coordinate and communicate critical information with acquisition and legal departments to ensure timely completion of abstraction to meet closing deadlines.
  • Work with various other departments including lease administration, property management, leasing and dispositions, and asset management to ensure relevant data available for reporting and action upon close of transaction.
• Manage all changes to the abstraction template used for data transfer into Yardi.
• Provide guidance to other department personnel regarding abstracted information as necessary.
• Performs other duties as assigned.

REQUIRED QUALIFICATIONS:  

Knowledge, Skills, and Abilities:

• Knowledge of lease administration databases desired (Yardi).
• Knowledge of international lease abstraction a plus.
• Supervisory experience a plus.
• Strong organizational, interpersonal and communications skills.
• Excellent attention-to-detail skills with the ability to monitor own work and work of others for completeness and accuracy; ability to organize information and materials for others.
• Strong oral and written communication skills and presentation abilities, including the ability to communicate complex ideas to large groups and management.
• Excellent PC skills including Outlook, Excel and Word.

 Education and Experience:

• Bachelor’s Degree or equivalent from four-year college or university is preferred; or four plus years equivalent related experience.
• Two years relevant experience in the commercial real estate administration industry and/or paralegal field; having worked in either the Landlord or Tenant sector a plus.

  Certificates, licenses or registrations:

• Paralegal certificate a plus, not required.

Realty Income is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. For more information click here. If you require accessibility support to submit your application or other reasonable accommodations to participate in the recruitment process, please contact  800-375-6700. An employee will respond to your message to begin the interactive process. Please note that this phone number and email address are only for individuals seeking a disability accommodation when applying for a job.